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Metallis Resources
(MTS)
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Rating:47Neutral
Price Target:
C$0.15
▼(-7.50% Downside)
Action:Reiterated
Date:09/06/26
The score is primarily constrained by weak financial performance (pre-revenue status, widening losses, and persistent cash burn), which outweighs the benefit of low current leverage. Technicals provide only modest support with neutral momentum and a mixed trend profile. Valuation metrics are also a headwind due to the negative P/E and no indicated dividend yield.
Positive Factors
Low Current Leverage
Very low current leverage reduces near-term solvency pressure and leaves more financial flexibility than a highly indebted structure would provide. This can help the company direct available capital toward exploration and absorb operating volatility without a large mandatory debt burden.
Negative Factors
Pre-Revenue Business
The absence of revenue means the company has not yet demonstrated a recurring commercial business or operating revenue base. Financial progress therefore depends on exploration outcomes and external financing, making earnings visibility and self-funded growth substantially weaker over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Current Leverage
Very low current leverage reduces near-term solvency pressure and leaves more financial flexibility than a highly indebted structure would provide. This can help the company direct available capital toward exploration and absorb operating volatility without a large mandatory debt burden.
Read all positive factors
Metallis Resources (MTS) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$15.12M
Dividend YieldN/A
Average Volume (3M)46.09K
Price to Earnings (P/E)―
Beta (1Y)0.88
Revenue GrowthN/A
EPS Growth-206.25%
CountryCA
Employees5
SectorGeneral
Sector StrengthN/A
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.03
Shares Outstanding100,822,840
10 Day Avg. Volume88,243
30 Day Avg. Volume46,086
Financial Highlights & Ratios
PEG Ratio-0.11
Price to Book (P/B)271.38
Price to Sales (P/S)0.00
P/FCF Ratio-7.92
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Metallis Resources Business Overview & Revenue Model
Company Description
Metallis Resources Inc. is a Canadian mineral exploration and development company primarily focused on identifying deposits of gold, copper, nickel, and silver across Canada. A cornerstone asset is the wholly-owned Kirkham property, which consists...
How the Company Makes Money
Metallis Resources does not typically generate operating revenue from selling products or providing services; instead, as an exploration-stage company, it is generally funded through financing activities (such as equity issuances) to support explo...
Metallis Resources Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
55
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -16.59K | -17.33K | -18.63K | -19.36K | -21.04K | -22.89K |
| EBITDA | -2.51M | -2.08M | -1.01M | -606.98K | -2.19M | -1.62M |
| Net Income | -2.55M | -2.10M | -1.04M | -660.83K | -736.35K | -1.65M |
Balance Sheet | ||||||
| Total Assets | 1.95M | 300.94K | 557.97K | 109.57K | 15.01M | 13.77M |
| Cash, Cash Equivalents and Short-Term Investments | 1.85M | 147.22K | 518.30K | 35.82K | 578.52K | 800.79K |
| Total Debt | 70.63K | 87.69K | 20.50K | 57.89K | 91.11K | 19.92K |
| Total Liabilities | 276.09K | 242.94K | 91.29K | 195.50K | 258.82K | 68.23K |
| Stockholders Equity | 1.67M | 58.01K | 466.69K | -85.93K | 14.75M | 13.70M |
Cash Flow | ||||||
| Free Cash Flow | -2.36M | -1.99M | -981.63K | -621.52K | -2.08M | -5.36M |
| Operating Cash Flow | -2.36M | -1.99M | -981.63K | -610.30K | -708.85K | -1.27M |
| Investing Cash Flow | 23.13K | 18.61K | 20.59K | 119.31K | -1.16M | -3.99M |
| Financing Cash Flow | 2.48M | 1.60M | 1.44M | -40.50K | 1.65M | 3.77M |
Metallis Resources Technical Analysis
Negative
0.16
Price Trends
0.14
Positive
0.15
Positive
0.17
Negative
Market Momentum
<0.01
Negative
50.75
Neutral
68.25
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MTS, the sentiment is Negative. The current price of 0.16 is above the 20-day moving average (MA) of 0.15, above the 50-day MA of 0.14, and below the 200-day MA of 0.17, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 50.75 is Neutral, neither overbought nor oversold. The STOCH value of 68.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:MTS.
Metallis Resources Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
59 Neutral | C$22.55M | 10.71 | 15.19% | ― | 191.70% | ― | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
53 Neutral | C$62.26M | -162.50 | -3.46% | ― | ― | 80.00% | |
47 Neutral | C$15.12M | -5.08 | -321.65% | ― | ― | -206.25% | |
46 Neutral | C$10.64M | -7.95 | -11.39% | ― | ― | 95.68% | |
39 Underperform | C$15.02M | -12.82 | -11.62% | ― | ― | ― |
* General Sector Average
TSE:MTS
Metallis Resources
0.15
-0.23
-60.00%
TSE:EPL
Eagle Plains Resources
0.20
0.05
34.48%
TSE:GGI
Garibaldi Resources
0.07
-0.07
-48.15%
TSE:TGOL
Thunder Gold
0.20
0.12
160.00%
TSE:AUME
Kintavar Exploration Inc.
0.06
0.03
100.00%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.